YETI (NYSE:YETI) Price Target Raised to $57.00 at Robert W. Baird

YETI (NYSE:YETI) had its price objective raised by stock analysts at Robert W. Baird from $55.00 to $57.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Robert W. Baird’s target price suggests a potential upside of 25.13% from the stock’s current price.

Other research analysts have also issued reports about the company. Piper Sandler increased their price objective on YETI from $54.00 to $58.00 and gave the stock an “overweight” rating in a research report on Monday. Canaccord Genuity Group lifted their target price on YETI from $42.00 to $45.00 and gave the company a “hold” rating in a research report on Tuesday, June 23rd. Morgan Stanley set a $45.00 price target on YETI in a report on Tuesday, June 23rd. Stifel Nicolaus set a $42.00 price objective on YETI in a research report on Friday, May 15th. Finally, The Goldman Sachs Group raised shares of YETI from a “neutral” rating to a “buy” rating and increased their target price for the stock from $46.00 to $63.00 in a research note on Monday, July 20th. Ten investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $54.93.

YETI Price Performance

YETI stock opened at $45.55 on Friday. The company has a current ratio of 2.10, a quick ratio of 1.06 and a debt-to-equity ratio of 0.10. The company has a 50-day moving average price of $49.75 and a 200 day moving average price of $44.72. YETI has a 12-month low of $31.66 and a 12-month high of $53.99. The stock has a market cap of $3.45 billion, a P/E ratio of 23.24, a PEG ratio of 1.60 and a beta of 1.72.

YETI (NYSE:YETI) last posted its earnings results on Thursday, August 13th. The company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.54 by $0.13. The company had revenue of $483.87 million for the quarter, compared to analyst estimates of $483.80 million. YETI had a net margin of 8.36% and a return on equity of 22.61%. YETI’s revenue was up 8.5% on a year-over-year basis. During the same period in the previous year, the business posted $0.66 EPS. YETI has set its FY 2026 guidance at 2.940-3.000 EPS. Sell-side analysts anticipate that YETI will post 2.44 earnings per share for the current year.

Hedge Funds Weigh In On YETI

Several hedge funds have recently bought and sold shares of the company. SBI Securities Co. Ltd. boosted its holdings in YETI by 91.2% during the 4th quarter. SBI Securities Co. Ltd. now owns 648 shares of the company’s stock valued at $29,000 after acquiring an additional 309 shares during the period. Quarry LP purchased a new position in shares of YETI in the third quarter valued at approximately $30,000. Safe Harbor Fiduciary LLC acquired a new position in shares of YETI in the fourth quarter valued at approximately $41,000. Meeder Asset Management Inc. purchased a new stake in YETI during the 4th quarter worth approximately $44,000. Finally, SJS Investment Consulting Inc. increased its stake in YETI by 56.0% during the 1st quarter. SJS Investment Consulting Inc. now owns 1,385 shares of the company’s stock worth $51,000 after buying an additional 497 shares during the period.

Key YETI News

Here are the key news stories impacting YETI this week:

• Positive Sentiment: YETI reported second-quarter adjusted earnings of $0.67 per share, above estimates of approximately $0.54–$0.55, while revenue rose about 8.5% to $483.9 million, essentially in line with forecasts. The company cited broad-based sales strength. YETI Reports Second Quarter 2026 Results
• Positive Sentiment: Management raised fiscal 2026 adjusted EPS guidance to $2.94–$3.00, above the prior consensus estimate of $2.80, and lifted its gross-margin outlook to 57.5%–58%. Revenue guidance remains approximately $2.0 billion. YETI 2026 Guidance
• Positive Sentiment: YETI plans to return $130 million to shareholders through share repurchases and announced an investor day for September 17, providing potential support for per-share results and future investor visibility. Share Repurchases and Investor Day
• Neutral Sentiment: Brokerages collectively maintain a “Moderate Buy” rating, indicating generally constructive analyst sentiment, although the rating may already be reflected in the stock’s valuation. YETI Consensus Rating
• Negative Sentiment: The stock plunged after the earnings release even with the profit beat and higher guidance. The selloff indicates that investors may have expected stronger results or viewed the outlook as insufficient relative to prior expectations. YETI Stock Selloff
• Negative Sentiment: Recent discounts on YETI products, including the new Venom Collection, could raise questions about demand, inventory, or the sustainability of pricing power, even though management reported improved gross-margin expectations. YETI Product Discounts

YETI Company Profile

YETI Holdings, Inc is an American outdoor and lifestyle products company known for its premium, performance-driven coolers, drinkware and accessories. The company’s portfolio includes hard coolers under its flagship Tundra series, soft coolers in the Hopper line, and vacuum-insulated drinkware sold under the Rambler brand. YETI’s products are engineered for durability, temperature retention and rugged outdoor use, targeting consumers ranging from avid anglers and hunters to outdoor enthusiasts and everyday users seeking high-quality insulated containers.

Founded in 2006 by brothers Roy and Ryan Seiders in Austin, Texas, YETI began with a focus on building a better cooler that could withstand extreme conditions and maintain ice retention longer than traditional alternatives.